The agribusiness giant announced the investment Thursday, which will be at its sprawling complex in Efremov, 200 miles south of Moscow. In Efremov, Cargill makes everything from vegetable oil to brewers malt to animal feed.

Minnetonka-based Cargill is one of the largest foreign investors in Russia’s agribusiness sector, with over $1 billion sunk into the country. Cargill established a beachhead in Russia in the early 1990s, soon after the fall of the Soviet Union.

Last fall, Cargill said it had begun building a $200 million sunflower oil crushing plant in southern Russia. And earlier in 2013, it opened a $40 million chicken processing plant in Efremov, which pumps out McNuggets for McDonalds’s in Russia.

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Food Market brings news, talk and insight into the food business, from farms to supermarkets to restaurants. Reporters Mike Hughlett and Tom Meersman delve into the work of Minnesota’s food companies and issues such as food safety and labeling.